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Economic history
 
 
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See also Economic history of the world
Economic history of the world

Economic history as it relates to economic growth in the modern sense first occurred during the industrial revolution in the West, due to high amounts of energy conversion taking place....
.


Economic history is the study of how economic phenomena evolved in the past. Analysis in economic history
HIStory

HIStory: Past, Present and Future, Book I is a double album by Michael Jackson, released on June 20, 1995, and is Jackson's ninth. The first disc, named "HIStory Begins" consists of a selection of Jackson's greatest hits from the singer's past fifteen years, while the second, named "HIStory Continues" features new songs, with the...
 is undertaken using a combination of historical method
Historical method

The historical method comprises the techniques and guidelines by which historians use primary sources and other evidence to research and then to historiography....
s, statistical methods and by applying economic theory to historical situations. The topic includes business history
Business history

Business history is the branch of economic history that deals with the history of business organizations, methods, government regulation, labor relations, and impact on society....
 and overlaps with areas of social history
Social history

Social history is an area of history study, considered by some to be a social science, that attempts to view historical evidence from the point of view of developing social trends....
 such as demographic history
Demographic history

Demographics history may refer to:* Demographic history of the United States* Demographic history of Macedonia* Demographic history of Montenegro...
 and labor history
Labor history

Labor history may refer to:* Labor Unions in the United States, including Labor history of the United States* The academic discipline of Labor history ...
. Quantitative economic history is also referred to as cliometrics
Cliometrics

Cliometrics refers to the systematic application of economic theory, econometric techniques, and other formal/mathematical methods to the study of history ....
.

titioners and advocates of the first approach, which was for a long time dominant in the United Kingdom
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
, generally regarded economic history as being either an independent discipline or a subfield of history
HIStory

HIStory: Past, Present and Future, Book I is a double album by Michael Jackson, released on June 20, 1995, and is Jackson's ninth. The first disc, named "HIStory Begins" consists of a selection of Jackson's greatest hits from the singer's past fifteen years, while the second, named "HIStory Continues" features new songs, with the...
.






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See also Economic history of the world
Economic history of the world

Economic history as it relates to economic growth in the modern sense first occurred during the industrial revolution in the West, due to high amounts of energy conversion taking place....
.


Economic history is the study of how economic phenomena evolved in the past. Analysis in economic history
HIStory

HIStory: Past, Present and Future, Book I is a double album by Michael Jackson, released on June 20, 1995, and is Jackson's ninth. The first disc, named "HIStory Begins" consists of a selection of Jackson's greatest hits from the singer's past fifteen years, while the second, named "HIStory Continues" features new songs, with the...
 is undertaken using a combination of historical method
Historical method

The historical method comprises the techniques and guidelines by which historians use primary sources and other evidence to research and then to historiography....
s, statistical methods and by applying economic theory to historical situations. The topic includes business history
Business history

Business history is the branch of economic history that deals with the history of business organizations, methods, government regulation, labor relations, and impact on society....
 and overlaps with areas of social history
Social history

Social history is an area of history study, considered by some to be a social science, that attempts to view historical evidence from the point of view of developing social trends....
 such as demographic history
Demographic history

Demographics history may refer to:* Demographic history of the United States* Demographic history of Macedonia* Demographic history of Montenegro...
 and labor history
Labor history

Labor history may refer to:* Labor Unions in the United States, including Labor history of the United States* The academic discipline of Labor history ...
. Quantitative economic history is also referred to as cliometrics
Cliometrics

Cliometrics refers to the systematic application of economic theory, econometric techniques, and other formal/mathematical methods to the study of history ....
.

Description

Practitioners and advocates of the first approach, which was for a long time dominant in the United Kingdom
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
, generally regarded economic history as being either an independent discipline or a subfield of history
HIStory

HIStory: Past, Present and Future, Book I is a double album by Michael Jackson, released on June 20, 1995, and is Jackson's ninth. The first disc, named "HIStory Begins" consists of a selection of Jackson's greatest hits from the singer's past fifteen years, while the second, named "HIStory Continues" features new songs, with the...
. Practitioners of the second approach, which is more influential in the United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
, usually regard economic history as a subfield of economics. In France, economic theory and demographics was early integrated into mainstream historiography due to the large impact of the Annales School
Annales School

The Annales School is a style of historiography developed by France historians in the 20th century. It is named after its French-language scholarly journal , which remains the main source, along with many books and monographs....
 of history from the 1920s and onwards.

Economic history has been a contentious issue in the United Kingdom for many years. The London School of Economics
London School of Economics

The London School of Economics and Political Science, more commonly referred to as The London School of Economics or LSE, is a specialist college of the University of London in London, England....
 and Oxbridge
Oxbridge

Oxbridge was originally a fictional composite of the University of Oxford and the University of Cambridge in England, and the term is now used to refer to them collectively, often with implications of superior intellectual or social status, emphasising the apparent "difficulty" of gaining admission....
 had numerous duels over the separation of economics and economic theory. Oxbridge believed that pure economics involved a component of economic history and that the two were inseparably entangled. The London School of Economics (LSE), believed that economic history warranted its own course, program, study and research apart from pure economics. The Economic History Society
The Economic History Society

The Economic History Society exists to support research and teaching in economic and social history. The Society also acts as a pressure group working to influence government policy in the interests of history, alongside other societies, such as the Social History Society, the Agricultural History Society, the Urban History Group and the Asso...
 had its inauguration at LSE in 1926. Eventually, the LSE position seems to have won out and now many schools in the UK and the US have now developed programs in economic history which have their roots in the LSE model of separating economics and economic history. Often, economic historians such as Robert Fogel
Robert Fogel

Robert William Fogel is an United States economic historian and scientist, and winner of the 1993 Nobel Memorial Prize in Economic Sciences. He is best known as a leading advocate of cliometrics, a name for the use of quantitative methods in history....
 and Douglass North
Douglass North

Douglass Cecil North is an United States economist known for his work in the history of economic thought. He is the co-recipient of the 1993 Nobel Memorial Prize in Economic Sciences....
, both Nobel laureates in economics, and Nicholas Crafts
Nicholas Crafts

Nicholas F. R. Crafts is Professor of Economics and Economic History at the University of Warwick, a post he has held since 2005. Previously he was a Professor of Economic History at London School of Economics and Political Science between 1995-2005....
, of LSE fame, are called upon to advise for some of the world foremost economic institutions: WEF, WTO, OECD and others.

Cliometrics

Cliometrics
Cliometrics

Cliometrics refers to the systematic application of economic theory, econometric techniques, and other formal/mathematical methods to the study of history ....
 refers to the systematic use of economic theory and econometrics
Econometrics

Econometrics is concerned with the tasks of developing and applying quantitative or statistical methods to the study and elucidation of economic principles....
 techniques to study economic history. The term was originally coined by Jonathan R.T. Hughes and Stanley Reiter in 1960 and refers to Clio
Clio

In Greek mythology, Clio or Kleio is the muse of history. Like all the muses, she is a daughter of Zeus and Mnemosyne. She had one son, Hyacinth , with the King of Macedonia , Pierus....
, who was the muse
Muse

File:Muse reading Louvre CA2220.jpgThe Muses in Greek mythology, poetry, and literature are the goddesses or spirits who inspire the creation of literature and the arts....
 of history and heroic poetry in Greek mythology
Greek mythology

Greek mythology is the body of myths and legends belonging to the Ancient Greece concerning their List of Greek mythological figures#Immortals and Greek hero cult, Cosmology#Metaphysical cosmology, and the origins and significance of their own cult and ritual practices....
. This term is also sometimes used referring to counterfactual history.

Notable economic historians

  • Ram Sharan Sharma
    Ram Sharan Sharma

    Ram Sharan Sharma is Emeritus Professor, Department of History, Patna University specializing on Ancient India.He has taught at Delhi University and Toronto University Universities....
  • Moses Abramovitz
    Moses Abramovitz

    Moses Abramovitz was an important figure in twentieth-century economics and economic history, most renowned for his fundamental insights and pioneering technical contributions to the study of long-term economic growth and its drivers....
  • Dudley Baines
  • Maxine Berg
  • Stephen Broadberry
  • Rondo Cameron
    Rondo Cameron

    Rondo Cameron was an USA professor of economic history. He was a native of Texas. He graduated from Yale and received a Ph.D. degree at the University of Chicago ....
  • Gregory Clark (economist)
    Gregory Clark (economist)

    Gregory Clark is a professor of economics at the University of California, Davis....
  • Thomas C. Cochran
    Thomas C. Cochran (historian)

    Thomas Childs Cochran was an American economic history and a pioneer in that field.Born in Manhattan, he received his bachelor's and master's degrees from New York University before obtaining his doctorate from the University of Pennsylvania....
  • Nicholas Crafts
    Nicholas Crafts

    Nicholas F. R. Crafts is Professor of Economics and Economic History at the University of Warwick, a post he has held since 2005. Previously he was a Professor of Economic History at London School of Economics and Political Science between 1995-2005....
  • Barry Eichengreen
    Barry Eichengreen

    Barry Eichengreen is an American economist who holds the title of George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, where he has taught since 1987....
  • Stanley Engerman
    Stanley Engerman

    Stanley Lewis Engerman is an economist and economic historian at the University of Rochester. He received his Ph.D. in economics in 1962 from Johns Hopkins University....
  • Charles Feinstein
  • Roderick Floud
    Roderick Floud

    Professor Sir Roderick Floud Fellow of the British Academy is an Economic history and is currently the acting Dean of the School of Advanced Study at the University of London and the Provost of Gresham College....
  • Robert Fogel
    Robert Fogel

    Robert William Fogel is an United States economic historian and scientist, and winner of the 1993 Nobel Memorial Prize in Economic Sciences. He is best known as a leading advocate of cliometrics, a name for the use of quantitative methods in history....
  • John Kenneth Galbraith
    John Kenneth Galbraith

    John Kenneth "Ken" Galbraith, Order of Canada was a Canadian-American economics. He was a Keynesian economics and an institutional economics, a leading proponent of 20th-century American liberalism and Progressivism in the United States....
  • Claudia Goldin
    Claudia Goldin

    Claudia Goldin is Henry Lee Professor of Economics at Harvard University.Goldin is a director of the Development of the American Economy Program, and is a research associate at the National Bureau of Economic Research, located in Cambridge, Massachusetts, Massachusetts....
  • John Habakkuk
    John Habakkuk

    Sir John Habakkuk was a United Kingdom Economic history....
  • Eli Heckscher
    Eli Heckscher

    Eli Filip Heckscher was a Sweden Political economy and Economic history.Heckscher was born in Stockholm into a prominent Jewish family, son of the Danish-born businessman Isidor Heckscher and his spouse Rosa Meyer, and completed his secondary education there in 1897....
  • Eric Hobsbawm
    Eric Hobsbawm

    Eric John Ernest Hobsbawm Companion of Honour, FBA, is a United Kingdom historical materialism and author....
  • Leo Huberman
    Leo Huberman

    Leo Huberman was an USA socialist writer. In 1949 he founded and co-edited Monthly Review with Paul Sweezy....
  • Paul Johnson
    Paul Johnson

    Paul Johnson may refer to:*Paul Johnson *Paul Johnson *Paul Johnson , British journalist and historian*Paul Johnson , ice hockey player*Paul Johnson , former MPP...
  • Charles P. Kindleberger
    Charles P. Kindleberger

    Charles Poor "Charlie" Kindleberger was a Economic history and author of over 30 books. His 1978 book Manias, Panics, and Crashes, about speculative stock market bubbles, was reprinted in 2000 after the dot-com bubble....
  • Timothy Leunig
  • Peter Lindert
  • Deirdre McCloskey
    Deirdre McCloskey

    Deirdre N. McCloskey is an united States economics professor. Her job title at the University of Illinois at Chicago is Distinguished Professor of Economics, History, English, and Communication....
  • Joel Mokyr
    Joel Mokyr

    Joel Mokyr is an American economic historian. He is the Robert H. Strotz Professor of Arts and Sciences at Northwestern University.He holds a joint appointment in economics as well as a Sackler Professorial Fellow at the Eitan Berglas School of Economics at the University of Tel Aviv....
  • Larry Neal (economist)
  • Douglass North
    Douglass North

    Douglass Cecil North is an United States economist known for his work in the history of economic thought. He is the co-recipient of the 1993 Nobel Memorial Prize in Economic Sciences....
  • Karl Polanyi
    Karl Polanyi

    Karl Paul Polanyi was a Hungary intellectual known for his opposition to traditional Economics thought and his influential book The Great Transformation....
  • Murray Rothbard
    Murray Rothbard

    Murray Newton Rothbard was an American economics of the Austrian School who helped define modern libertarianism and founded a form of free-market anarchism he termed "anarcho-capitalism"....
  • Graeme Snooks
    Graeme Snooks

    Graeme Donald Snooks is a historical economist and stratologist who has developed a general dynamic theory to explain complex living systems. His resulting "dynamic-strategy theory" has been employed to analyse the fluctuating fortunes of life over the past 4,000 million years and of human society over the past 2 myrs, and to make predictio...
  • Peter Temin
    Peter Temin

    Dr. Peter Temin is a widely cited economist and economic historian, currently Elisha Gray II Professor of Economics, MIT and former head of the Economics Department....
  • Adam Tooze
    Adam Tooze

    Adam Tooze is a United Kingdom historian and Senior Lecturer in Modern European Economic History at the University of Cambridge. In 2002, he was awarded a ....

See also

  • EAEPE
  • Price revolution
    Price revolution

    Used generally to describe a series of economic events from the second half of the 15th century to the first half of the 17th, the price revolution refers most specifically to the high rate of inflation that characterized the period across Western Europe, with prices on average rising perhaps sixfold over 150 years....
  • Great Depression
    Great Depression

    File:International depression.pngThe Great Depression was a worldwide economic Recession starting in most places in 1929 and ending at different times in the 1930s or early 1940s for different countries....
  • The Great Moderation
    The Great Moderation

    The Great Moderation was a phrase sometimes used to describe the perceived end to economic volatility created by the new 21st century banking systems....
  • History of economic thought
    History of economic thought

    The history of economic thought deals with different thinkers and theories in the field of political economy and economics from the ancient world to the present day....
  • History of international trade
    History of international trade

    The history of international trade chronicles notable events that have affected the trade between various countries.In the era before the rise of the nation state, the term 'international' trade cannot be literally applied, but simply means trade over long distances; the sort of movement in goods which would represent international trade in...
  • Anthropometric history
    Anthropometric history

    Anthropometric history is a term coined in 1989 by John Komlos to refer to the study of the history of human height, focusing on explaining secular trends, cycles of various lengths and cross sectional patterns by changes in the Socioeconomics and Epidemiology environment....
  • List of recessions
    List of recessions

    This is a list of recessions that have affected the United States. Though economists define a recession as two quarters of negative GDP growth, the beginning and ending dates of U.S....
  • List of countries by past GDP (PPP)
    List of countries by past GDP (PPP)

    These are lists of regions and countries sorted by their estimated Real versus nominal value gross domestic product in terms of purchasing power parity , the value of all final goods and services produced within a country/region in a given year.....
     - For historical gross domestic product
    Gross domestic product

    File:GDP nominal per capita world map IMF 2008.pngThe gross domestic product or gross domestic income is one of the measures of national income and output for a given country's economy....
     (GDP) (purchasing power parity
    Purchasing power parity

    The purchasing power parity theory uses the long-term equilibrium exchange rate of two currencies to equalize their purchasing power. Developed by Gustav Cassel in 1920, it is based on the law of one price: the theory states that, in ideally efficient markets, identical goods should have only one price....
    ) figures from 1 AD to 1998
  • List of countries by past GDP (nominal)
    List of countries by past GDP (nominal)

    This is a list of the country of the world in order of Gross domestic product , based on exchange rates, not on purchasing power parity. Values are given in Million USDs....
     - For historical GDP (nominal) figures from 1998 to 2003


External links


Articles and lectures

  • by Jan Luiten van Zanden. Explores the idea of the inevitability of the Industrial Revolution.


Economic History Services (EHS)

  • Economic History Society (EHS), publisher of the Economic History Review
  • Economic History Services - Includes Economic History Encyclopedia, Ask the Professor, Book Reviews, databases, directories, bibliographies, mailing lists, and an inflation
    Inflation

    In economics, inflation is a rise in the general price level of goods and services in an economy over a period of time. The term "inflation" once referred to increases in the money supply ; however, economic debates about the relationship between money supply and price levels have led to its primary use today in describing price inflatio...
     calculator.


EHSData

  • - Links to historical economic statistics for different countries and regions.
  • -Series on GDP, Population and GDP per capita from the year 0 up to 2003
  • -Series on GDP, Population, Employment, Hours worked, GDP per capita and productivity (per person and per hour) from 1950 up to 2006


Other EHS

  • (2006)

EHS By country

  • :